New president and c.e.o. named at Bunge Brazil

by Eric Schroeder
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WHITE PLAINS, N.Y. — Pedro Parente has been named to the newly created position of president and chief executive officer of Bunge Brazil, effective Jan. 11. In his new role, Mr. Parente will lead all of Bunge’s businesses in Brazil and will report to Alberto Weisser, chairman and c.e.o., Bunge Ltd. “Pedro brings to Bunge a track record of success in the private and public sectors,” Mr. Weisser said. “His expertise and deep insight into both business operations and the public policies that shape them make him the right person to lead Bunge’s Brazilian businesses, which have grown larger and more diverse in recent years.” Mr. Parente most recently was chief operating officer of Grupo RBS (RBS), a leading Brazilian multimedia company. Prior to joining RBS, he held a variety of high-level posts in the public sector. He also was chief of staff, minister of planning and deputy minister of finance during the administration of Brazilian President Fernando Henrique Cardoso. Mr. Parente has been a consultant to the International Monetary Fund and has worked at the Brazilian Central Bank and Banco do Brasil. He is a former chairman of the board of Petrobras and Banco do Brasil. He received a degree in electrical engineering from the University of Brasília and is a fellow at the George Washington University Center of Latin American Studies. Mario Barbosa will continue to manage Bunge’s fertilizer operations in Brazil, and Sergio Waldrich will continue to manage its agribusiness, food products and sugar and bioenergy operations. Both will report to Mr. Parente.

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